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Australian (ASX) Professional Services Industry Analysis
UpdatedNov 28, 2021
DataAggregated Company Financials
Companies24
- 7D-3.9%
- 3M-5.8%
- 1Y15.4%
- YTD14.1%
Over the last 7 days, the Professional Services industry has dropped 3.9%, driven by a pullback from ALS of 4.2%. This takes the industry's 12 month performance to a gain of 15%.
Industry Valuation and Performance
Has the Australian Professional Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sun, 28 Nov 2021 | AU$12.2b | AU$4.6b | AU$324.2m | 19.9x |
| Tue, 26 Oct 2021 | AU$13.3b | AU$4.4b | AU$318.6m | 21.9x |
| Thu, 23 Sep 2021 | AU$11.8b | AU$4.4b | AU$344.0m | 19.9x |
| Sat, 21 Aug 2021 | AU$11.8b | AU$4.4b | AU$344.3m | 20.2x |
| Sat, 05 Jun 2021 | AU$11.1b | AU$4.3b | AU$311.2m | 20.4x |
| Tue, 09 Mar 2021 | AU$9.3b | AU$4.1b | AU$237.3m | 16.1x |
| Mon, 30 Nov 2020 | AU$9.2b | AU$4.1b | AU$189.2m | 17.9x |
| Thu, 03 Sep 2020 | AU$8.3b | AU$4.1b | AU$200.9m | 16.1x |
| Sun, 07 Jun 2020 | AU$7.6b | AU$4.2b | AU$219.0m | 15.9x |
| Sat, 29 Feb 2020 | AU$8.6b | AU$4.2b | AU$251.2m | 16x |
| Tue, 03 Dec 2019 | AU$9.6b | AU$4.1b | AU$271.5m | 18.5x |
| Fri, 06 Sep 2019 | AU$9.6b | AU$4.0b | AU$245.6m | 21.4x |
| Mon, 10 Jun 2019 | AU$8.0b | AU$4.0b | AU$259.9m | 17.4x |
| Sun, 03 Mar 2019 | AU$8.1b | AU$3.9b | AU$265.3m | 18.2x |
| Wed, 05 Dec 2018 | AU$8.2b | AU$3.9b | AU$270.1m | 19.4x |
PE Ratio
19.4x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 17.7x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Professional Services industry have grown 6.3% per year over the last three years, and revenues for these companies have grown 5.9% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Australian Professional Services industry?
| Research and Consulting Services | -3.64% | |
| HR Services | -4.88% | |
Industry PE: Investors are most optimistic about the Research and Consulting Services industry which is trading above its 3-year average PE ratio of 21.8x. This is likely because analysts are expecting annual earnings growth of 17%, which is higher than its past year's earnings growth of 9.5% per year. Meanwhile, investors are most pessimistic about the HR Services industry, which is trading close to its 3-year average of 16.6x.
Forecasted Growth: Analysts are most optimistic on the Research and Consulting Services industry, expecting annual earnings growth of 17% over the next 5 years. This is better than it's past earnings growth rate of 9.5% per year. Meanwhile, the HR Services industry is expected to see its earnings grow by 15% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| OBL Omni Bridgeway | 3.0%+AU$23.8m | -28.2% | PS49.1x | |
| YPB YPB Group | 25.0%+AU$3.0m | 0% | PS27.8x | |
| SOP Synertec | 8.1%+AU$2.1m | 5.3% | PS3.4x | |
| AMX Aerometrex | 2.1%+AU$1.4m | -39.6% | PS3.2x | |
| FFT Future First Technologies | 7.9%+AU$1.4m | -4.7% | PS12.2x |
